Retailers report 52% drop in essential goods sales due to quick commerce
1 week, 5 days ago

Retailers report 52% drop in essential goods sales due to quick commerce

Live Mint  

New Delhi, March 16 : The rise of quick commerce has caused a significant decline in the sale of food, beverages and confectionery in urban centers, as 52 per cent of physical store retailers reported experiencing the drop, according to a report by global consulting firm PwC. On the flip side, q-commerce's expansion into tier 2 and tier 3 regions, as per our research, reveals a contrasting narrative as non-metro cities' retailers remain largely unpressured by Q-commerce's entry. The report adds that despite the aggressive expansion of quick commerce businesses in India, brick-and-mortar retail remains a robust channel in the tier 2 and tier 3 cities. The retail market in India is expected to grow to USD 1,892 billion by 2029-30, at a compound annual growth rate of 10.3 per cent, with e-commerce, the fastest growing channel, notching a CAGR of 22.5 per cent and touching USD 220 billion by 2029-30, as per the report.

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History of this topic

What is behind the rise of quick commerce? | Explained
2 weeks, 3 days ago

What is behind the rise of quick commerce? | Explained

The Hindu  

The story so far: Quick commerce’s initial utility was presented to under-lockdown customers during the COVID-19 pandemic. According to a survey by consultancy firm NeilsenIQ, 41% of urban consumers prefer modern trade, general trade 25%, e-commerce 22% and quick commerce 12%. Further, according to another consultancy firm Deloitte, large FMCG brands reported a two-fold increase in share of quick commerce …

Brick-mortar stores remain relevant in tier 2, 3 cities despite aggressive quick commerce penetration: PwC report
2 weeks, 5 days ago

Brick-mortar stores remain relevant in tier 2, 3 cities despite aggressive quick commerce penetration: PwC report

Live Mint  

New Delhi, March 9 : Despite the aggressive expansion of quick commerce businesses in India, given that people are increasingly opting to shop through the emerging online platforms, brick-and-mortar retail remains a robust channel in the tier 2 and tier 2 cities, as per a report by global consulting firm PwC. The retail market in India is expected to grow …

Urban fast-moving consumer goods sales show uptrend
1 month ago

Urban fast-moving consumer goods sales show uptrend

China Daily  

A customer checks out beverages at a supermarket in Binzhou, Shandong province, in February. CHU BAORUI/FOR CHINA DAILY China's urban fast-moving consumer goods market recorded a 1.2 percent year-on-year sales increase in the fourth quarter, bringing full-year growth to 1.7 percent, according to Kantar Worldpanel's latest report. Modern retail channels, including hypermarkets, supermarkets and convenience stores, saw a slight 0.4 …

Quick commerce to expand into new categories and cities in 2025; smaller cities embrace the model: Bernstein Report
2 months, 3 weeks ago

Quick commerce to expand into new categories and cities in 2025; smaller cities embrace the model: Bernstein Report

Live Mint  

New Delhi, January 7 : India's quick commerce sector is expected to expand beyond groceries into new categories and cities in 2025 as Tier-2 and smaller cities embrace this model, says a report by Bernstein. It said, "2025 will see amplification of Quick commerce as new categories & new cities drive stronger growth. The report said, "D2C brands have seen …

Quick commerce in India: Boon or bubble waiting to burst?
Trending News
2 months, 3 weeks ago

Quick commerce in India: Boon or bubble waiting to burst?

Live Mint  

Quick commerce has rapidly emerged as a fast-growing segment and a game-changer in India’s retail industry, merging the convenience of e-commerce with ultra-fast deliveries. Key players and market dynamics India’s q-commerce sector is dominated by Blinkit, Zepto, and Swiggy’s Instamart. According to news reports, q-commerce platforms have diverted approximately $1.28 billion in sales from these stores, representing 21% of the …

CCI not to intervene in quick commerce market
3 months, 1 week ago

CCI not to intervene in quick commerce market

Live Mint  

The Competition Commission of India is unlikely to open an investigation of its own accord into allegations of anti-competitive practices by quick commerce companies including Zepto, Instamart and Blinkit, according to two persons privy to the development. Earlier, the All-India Consumer Products Distributors Federation had approached the department for promotion of industry and internal trade raising concerns about quick commerce …

Myntra enters quick-commerce market with M-Now, to deliver goods in 30 minutes
3 months, 3 weeks ago

Myntra enters quick-commerce market with M-Now, to deliver goods in 30 minutes

Hindustan Times  

Myntra today launched “M-Now,” its quick-commerce offering that promises to deliver apparel and other lifestyle accessories within 30 minutes. Myntra doesn't want to be left behind in the transition, with the country’s largest fashion e-commerce brand saying that its M-Now service will offer customers access to 10,000 styles across fashion, beauty and lifestyle categories from popular brands like Vero Moda, …

Myntra joins the quick commerce race with 30-minute fashion delivery
3 months, 3 weeks ago

Myntra joins the quick commerce race with 30-minute fashion delivery

Live Mint  

New Delhi: As the fast delivery trend reshapes retail, fashion players like Flipkart-backed Myntra are jumping on the quick commerce bandwagon to meet rising consumer expectations. The 30-minute delivery service under M-Now is applicable across 10,000 styles across fashion, beauty, and accessories with the company planning to scale it to over 1 lakh styles in the next three-four months. With …

Catching fast: Quick commerce is here to stay
3 months, 3 weeks ago

Catching fast: Quick commerce is here to stay

New Indian Express  

BENGALURU: A few years ago, when the concept of quick commerce, a business model where goods are delivered within 10 minutes to 1 hour, started gaining traction, venture capitalists and even a few start-up founders raised questions on the model and wondered whether it is scalable, and do customers really require 10 minutes delivery. Now, Amazon India mulls foraying into …

'Slow' ain't steady in retail anymore: How kiranas are fast losing out to Q-comm
3 months, 4 weeks ago

'Slow' ain't steady in retail anymore: How kiranas are fast losing out to Q-comm

India Today  

Quick commerce platforms, including top players like Blinkit, Zepto and Swiggy Instamart, hold just 1 per cent of the overall $570 billion Indian grocery market, but are posing a significant threat to the traditional kirana retail, which controls over 90 per cent market share, due to their attractive selling proposition of delivering goods within 10-20 minutes. The report ‘State of …

FMCG Firms Embracing Quick Commerce: A Shift in Urban Consumer Preferences
5 months ago

FMCG Firms Embracing Quick Commerce: A Shift in Urban Consumer Preferences

Live Mint  

FMCG firms are embracing quick commerce amid a shift in urban consumer preferences. This has led to increased traction from quick commerce channels, with companies like Adani Wilmar Limited seeing a significant rise in their business on q-commerce platforms. However, traditional stores are also facing a decline as consumers shift their shopping habits towards online platforms. This trend is particularly …

Quick Commerce Boom! Zepto, Swiggy, Instamart, and Blinkit Redefine Retail Trends | Paisa Live
8 months ago

Quick Commerce Boom! Zepto, Swiggy, Instamart, and Blinkit Redefine Retail Trends | Paisa Live

ABP News  

With the rapid increase in internet usage, the Quick Commerce sector has witnessed substantial growth, significantly altering consumer buying behavior. Apps such as Zepto, Swiggy, Instamart, and Blinkit have become integral to this shift, providing swift access to everyday necessities and reshaping how Indians shop. These quick commerce platforms have led to a notable change in purchasing patterns, with consumers …

Quick commerce firms expanding ops beyond groceries, food delivery
10 months, 1 week ago

Quick commerce firms expanding ops beyond groceries, food delivery

New Indian Express  

NEW DELHI: The quick commerce segment is heating up as many firms are now entering quick delivery and looking beyond groceries and food delivery. Earlier this month, Swiggy Instamart started delivering movie merchandise, marking a new category in the quick commerce industry. When players such as Zepto and Blinkit pivoted the quick commerce segment, experts questioned the model, safety of …

Impatient Indians are driving quick-commerce
1 year ago

Impatient Indians are driving quick-commerce

Hindustan Times  

Mumbai: If you are living in one of India’s metropolitan cities, it is highly likely that you have been ordering more and more of your daily essentials – from food and groceries to personal care items from, say, a Blinkit, Swiggy Instamart or Zepto, which barely take 10-30 minutes to deliver the goods to your doorstep. Indians are opting for …

Offline sales dominate in India’s retail industry: Report
1 year, 4 months ago

Offline sales dominate in India’s retail industry: Report

Live Mint  

Despite the proliferation of online marketplaces, offline sales have continued to dominate the Indian retail ecosystem, a report claimed. The retailers selling FMCG & retail, food & beverages, and consumer durables & electronic products attract more offline shoppers as per the report. 'RETAILERS ENCOURAGING IN-STORE PURCHASES' To keep themselves abreast with times, MSME retailers are opting for several methods to …

Quick delivery services driving hiring in e-com
3 years, 1 month ago

Quick delivery services driving hiring in e-com

Deccan Chronicle  

Chennai: Quick delivery services are driving jobs in the e-commerce space with the last mile delivery hiring growing by around 70 per cent in the December quarter. "The year seems to be optimistic for last mile delivery services and a healthy kick-start is expected as hiring for the quarter is at 69 per cent, up by 20 per cent from …

Race is to the swift in winning online customers
9 years, 11 months ago

Race is to the swift in winning online customers

China Daily  

Sending orders for next-day delivery costs more than slower service, right? With underdeveloped infrastructure and support systems, the country's e-retailers are on the lookout for competitive advantages based on systems they already have, especially as many e-retail offerings have become commoditized and leading e-retailers have yet to be profitable. In China, e-retailers could cut express delivery time in half－from 48 …

Race is to the swift in winning online customers
9 years, 11 months ago

Race is to the swift in winning online customers

China Daily  

Sending orders for next-day delivery costs more than slower service, right? With underdeveloped infrastructure and support systems, the country's e-retailers are on the lookout for competitive advantages based on systems they already have, especially as many e-retail offerings have become commoditized and leading e-retailers have yet to be profitable. In China, e-retailers could cut express delivery time in half－from 48 …

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